The moderating role of the board of directors independence on the relationship between financial transparency and tax avoidance

Key Points

• The research aims to understand how the independence of the board of directors influences the connection between financial transparency and tax avoidance.
• Analyzed the relationship dynamics between board independence, financial transparency, and tax avoidance.
• Utilized quantitative measures to assess financial practices and governance structures.
• Considered a diverse range of corporate entities for comprehensive insights.
• Found a significant moderating effect of board independence on financial transparency and tax avoidance.
• Demonstrated that increased board independence correlates with higher financial transparency and lower tax avoidance.